These consolidated financial statements are originally issued in Indonesian language.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
102
36. PROVISION FOR POSSIBLE LOSSES ON EARNING ASSETS
2006 2005
Provisionreversal of allowance for possible losses on: Current accounts with other banks Note 4e
4,101 1,278
Placements with other banks Note 5e 51,542
63,043 Securities Note 6g
30,839 59,310 Other receivables - trade transactions Note 8d
215,583 192,897
Securities purchased with agreements to resell Note 9b 8,600
4,800 Derivative receivables Note 10
874 559
Loans Note 11B.j 4,158,551 3,860,646
Acceptances receivable Note 12d 202,701
277,140 Investments in shares of stock Note 13c
327 4,847
3,671,788 4,445,226
37. REVERSAL OF ALLOWANCE FOR POSSIBLE LOSSES - OTHERS
2006 2005
Reversalprovision of allowance for: Possible losses on legal cases Note 28
154,427 297,241
Possible losses on fraud cases 51,018
3,078 Others assets
53,663 797,841 Others
22,837 41,515 128,945 1,056,645
38. GAINSLOSSES FROM INCREASEDECREASE IN VALUE OF SECURITIES AND GOVERNMENT RECAPITALIZATION BONDS
2006 2005
Securities 8,318 22,812
Government Recapitalization Bonds 101,063
66,332 109,381 89,144
39. GAINS FROM SALE OF SECURITIES AND GOVERNMENT RECAPITALIZATION BONDS
2006 2005
Securities 94,286 1,832
Government Recapitalization Bonds 43,256
257,290 137,542 255,458
These consolidated financial statements are originally issued in Indonesian language.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
103
40. GENERAL AND ADMINISTRATIVE EXPENSES
2006 2005
Depreciation and amortization of premises and equipment 608,358
557,706 Rent
452,025 446,310 Promotions
406,826 270,812 Communications
342,519 419,915 Repairs and maintenance
312,698 283,153 Professional fees
281,925 277,075 Electricity, water and gas
191,234 198,716 Office supplies
159,897 154,989 Transportations
82,023 133,385 Research and development
7,114 6,480 Others
406,274 331,538 3,250,893 3,080,079
Professional fees included audit services amounting to Rp15,775 and Rp23,703 for the years ended December 31, 2006 and 2005, respectively.
41. SALARIES AND EMPLOYEE BENEFITS
2006 2005
Salaries, wages, pension and tax allowances 1,727,159
1,547,352 Holidays THR, leave and related entitlements
324,168 356,060
Provision for post-employment benefit expenses Note 42 303,691
456,190 Employee benefits in kind
213,459 163,768 Training and development
133,087 127,835 Compensation expense on stock options Note 32
130,669 169,746
Bonuses and others 185,269 366,304
3,017,502 3,187,255
Total gross salaries, allowances and bonuses of the Boards of Directors and Commissioners, and Executive Officers amounted to Rp61,242 and Rp107,086 for the years ended December 31, 2006 and
2005, respectively, are as follows:
2006
Number of
Members Officers
Salaries Allowances
Bonuses Total
Board of Commissioners 7
4,733 2,673
- 7,406
Board of Directors 11
16,552 12,199
- 28,751
Audit Committee
2 635
177 -
812 Senior Executive Vice Presidents,
Group Heads and Advisors of
Directors 45
15,668 4,670
3,935 24,273
65 37,588
19,719 3,935 61,242
Including post employment benefit
These consolidated financial statements are originally issued in Indonesian language.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
104
41. SALARIES AND EMPLOYEE BENEFITS continued 2005
